Wacker Neuson (ETR:WAC) Share Price Passes Below Fifty Day Moving Average – What’s Next?

Wacker Neuson SE (ETR:WAC)’s share price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of €18.97 and traded as low as €18.30. Wacker Neuson shares last traded at €18.56, with a volume of 51,930 shares changing hands.

Wacker Neuson Price Performance

The business’s 50 day simple moving average is €18.97 and its 200-day simple moving average is €20.67. The stock has a market capitalization of $1.27 billion, a price-to-earnings ratio of 15.97, a price-to-earnings-growth ratio of 0.07 and a beta of 1.26. The company has a debt-to-equity ratio of 22.12, a quick ratio of 0.80 and a current ratio of 1.79.

About Wacker Neuson

Wacker Neuson SE manufactures and distributes light and compact equipment in Germany, Austria, the United States, and internationally. It operates through three segments: Light Equipment, Compact Equipment, and Services. The company provides internal and external vibrators for concrete compaction; rammers; vibratory plates; rollers for soil compaction; demolition and light products; generators; pumps; and heaters. It also offers compact equipment, including excavators, wheel loaders, telescopic wheel loaders, skid steer loaders, telehandlers, wheel and track dumpers, and backhoe loaders, as well as related product attachments and accessories.